Spark Capital closes $375 mln for venture growth fund


According to a company spokesperson, Spark Capital has raised $375 million for its venture growth fund. Of particular interest are marketplaces, e-commerce, online networks and software companies. The average investment will range between $15 million to $30 million. Jeremy Philips is leading the fund.

Fundraising? Then you don’t want to miss EMERGING MANAGER CONNECT in NYC on Jan. 24. This event is packed with 100+ LPs managing more than $45 billion devoted to emerging managers combined. Details are here: http://bit.ly/2ed5fcM

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